Re: Spondoolies SP35 - Heat + Noise

NOTE: I am not rubbishing your response all input is very valuable to me but I am struggling to get past all of the people who say " you will never profit/break even mining is a waste of electricity. the difficulty is too hard" I would like a balanced argument on both sides.

I am also confused by this argument. I see a profit can be made if you stay efficient with your set up.
I think that is because I don't see the word "Millionaire" when I read the word profit.
ALOT of people on here say mining is dead and gone, BUT they still do it!!!
They're on here everyday posting/reading topics and posting pics of their gear,...so if it's not profitable, even a little
WHY ARE THEY STILL HERE???

I think you're in a good position to make a Profit---Go For It!!!

In the UK the averate cost per kw is .24 cents. So 20.76 dollar a day to run. 622.08 dollars per month. If he gets 2 BTC per month at 220 per BTC his net loss per month is 182.08 dollars. How is this a profit?

from the sentence that says "My work is allowing me to host this unit FOC in my test environment where all costs are covered (Power & Data)".
Especially the part--all cost are covered.

Yes I read where he said this, however I don't believe his work knows how much electricity the SP35 will be using. His other 5 servers seem to be dell r710. At 500 watts each that is 2.5 Kw of electricity. The SP35 at full speed will be doing 3.6 Kw. So they are going to be seeing more than a 100 percent increase in the electrical cost associated with this rack of equipment. I don't think they would be willing to cover a 600 dollar electric bill per month FOC if they knew. I want to see how they feel after a few months of big electric bills.

The op posted that the company is relocating the existing equipment AND the SP35
to a better controlled environment that is going to have upgraded power.
It sounds as if the op has talked this over with the people "in charge".